{"id":172744,"date":"2023-01-03T03:07:00","date_gmt":"2023-01-03T08:07:00","guid":{"rendered":"https:\/\/www.gunsamerica.com\/digest\/?p=172744"},"modified":"2023-01-03T03:07:00","modified_gmt":"2023-09-08T14:10:37","slug":"bills-backdoor-bankruptcy","status":"publish","type":"post","link":"https:\/\/gunsamerica.com\/digest\/bills-backdoor-bankruptcy\/","title":{"rendered":"Two Bills Trying to Backdoor the Gun Industry into Bankruptcy"},"content":{"rendered":"\n
\"Two
Rep. Carolyn Mulroney (D-NY). (Photo: C-SPA<\/a><\/em>N<\/em>)<\/a><\/figcaption><\/figure>\n\n\n\n

In the hearings for the Protection of Lawful Commerce in Arms Act (H.R. 800)<\/a>, in March of 2005, a bipartisan group of lawmakers acknowledged that frivolous lawsuits against the firearms industry sought to hamper a national industry and prevent Americans from pursuing their Constitutionally-protected right to keep and bear arms.<\/p>\n\n\n\n

As a result, the PLCAA was signed into law by President George W. Bush on October 26, 2005. Fast-forward seventeen years, and there is a concerted effort by anti-gun politicians to bankrupt the firearms business by other means.<\/p>\n\n\n\n

Rep. Carolyn Mulroney (D-NY) is helping to lead this charge via two pieces of legislation, the Firearm Industry Crime and Trafficking Accountability Act (H.R. 8740)<\/a> and the Firearm Industry Fairness Act (H.R. 8741)<\/a>. Instead of bankrupting the firearms industry through frivolous lawsuits, these bills would do so through legislatively-imposed costs and crippling taxes.<\/p>\n\n\n\n

My Firearm Industry Fairness Act will tax assault weapons manufacturers 20% off ALL revenue and my Firearm Industry Crime and Trafficking Accountability Act will prohibit the selling of guns to retailers if selling leads to a high risk of criminal activity. https:\/\/t.co\/e2jOz6jDOH<\/a><\/p>\u2014 Carolyn B. Maloney (@RepMaloney) August 22, 2022<\/a><\/blockquote> \n\n\n\n

The Firearm Industry Crime and Trafficking Accountability Act<\/h2>\n\n\n\n

The first, H.R. 8740, conflates the actions of the lawful producers of firearms with those potentially unscrupulous federal firearm licensees (FFLs) who sell \u201cfirearms to distributors and retailers who, according to ATF data, can fail to comply with Federal firearms law.\u201d<\/p>\n\n\n\n

The act begins with the foregone conclusion that companies within the firearms industry are complicit with what the legislation explicitly acknowledges<\/a> are the actions of third (and sometimes fourth) parties. H.R. 8740 would, therefore, force any entity manufacturing or importing firearms, to create and maintain a \u201cmonitoring database\u201d concerning the \u201ccriminal diversion or potential misuse of their products.”<\/p>\n\n\n\n

SEE ALSO: CDC Isn\u2019t Following the Science. It\u2019s Manipulating It For Gun Control<\/a><\/h2>\n\n\n\n

Not only would the entire industry be forced to build and maintain a database to be used to enforce whatever prevailing gun control efforts are currently popular, but the legislation would also dictate to manufacturers which retailers and distributors they would be allowed to sell their products to. <\/p>\n\n\n\n

It also provides criminal penalties for failing to \u201cinvestigate or inquire <\/a>as to the distribution practices\u201d of distributors and retailers. However, H.R. 8740 doesn\u2019t stop there \u2013 it would actually criminalize the transfer of a yet-to-be-defined quantity of firearms to a state or distribution area which might exceed \u201cthe lawful demand\u201d in that area.<\/p>\n\n\n\n

\u201cH.R. 8740 would be a logistical nightmare,\u201d said Jason East, CEO of Adams Arms. \u201cThis [proposed] law ignores the logistical steps that would be involved in its requirements \u2013 tracking products from manufacturer, to wholesaler, to retailer, all the way to the consumer, even for serialized items would place an undue burden on manufacturers.\u201d<\/p>\n\n\n\n

Adams Arms, from Brooksville, FL, \u201cis an American firearms and firearms parts manufacturer, best known for their Lifetime Warranty and for producing the Piston Conversion kit for Direct Impingement AR15s\u201d according to the company\u2019s website<\/a>.<\/p>\n\n\n\n

The Firearm Industry Fairness Act<\/h2>\n\n\n\n

The second piece of legislation, the Firearm Industry Fairness Act (H.R. 8741) is more straightforward in its intent \u2013 the imposition of an additional 20 percent tax on total revenue<\/a> for any manufacturer or importer of semi-automatic \u201cassault weapons.\u201d<\/p>\n\n\n\n

\u201cIn an already-tight industry, where companies already have a more difficult time obtaining insurance for worker\u2019s comp, or even property insurance simply for being ‘in the gun industry,’ the margins are too small to shoulder an additional 20% tax burden, and that would have to be passed on to consumers in increased costs,\u201d East added while discussing the Firearm Industry Fairness Act. \u201cThat additional cost could even price everyday Americans out of access to their 2nd Amendment rights.\u201d<\/p>\n\n\n\n

Indeed, the firearms industry is already said to have paid $7.85 billion in business taxes, including property, income and sales-based levies in 2021, according to the National Shooting Sports Foundation (NSSF) website<\/a>.<\/p>\n\n\n\n

SEE ALSO: Cabot Guns Unveils 2023 Gun of the Month Collection!<\/a><\/h2>\n\n\n\n

\u201cThe growth of firearm and ammunition manufacturing year-after-year shows that this industry continues to meet the American demand for lawful firearm ownership. This industry produces the highest quality firearms and ammunition, and has been proud to welcome over 5.4 million first-time gun buyers in 2021 alone,” said Joe Bartozzi, NSSF President and CEO. <\/p>\n\n\n\n

“These new gun owners are increasingly representative of Americans from all walks of life, including more women and more minority communities that have decided to exercise their right to keep and bear arms and to safely enjoy the recreational shooting sports,” he continued. <\/p>\n\n\n\n

Fundamentally, what gun control activists have failed to accomplish through “frivolous lawsuits,” Rep. Mulroney\u2019s legislation would seek to do by law. The industry isn\u2019t taking this proposed legislation lightly.<\/p>\n\n\n\n

The Pro-2A Community Responds<\/h2>\n\n\n\n

“I’ve personally contacted my reps, at the state and federal level,” East said of his company’s efforts to combat the ongoing legislative efforts to hamper the firearms industry. “And we encourage all Americans who enjoy their rights to do the same, because the scary thing about (H.R. 8741) is that because it’s a modification of the tax code, it only requires a simple majority to pass – not the usual two-thirds that new laws require,” East added, referencing that since this bill would be a tax modification, it could bypass a normal vote through the process of reconciliation.<\/p>\n\n\n\n

East added that he’s pleased to have seen a lot of pushback from the industry lately, coupled with successful legal challenges from pro-2nd Amendment organizations like the Firearm Policy Coalition<\/a> and the Second Amendment Foundation<\/a>. <\/p>\n\n\n\n

“It’s refreshing to see Americans from all walks, some of who are first-time gun buyers, saying that their rights are important to them, and seeing that their votes don’t always follow party lines, but fall in line with what they believe is right,” East said.<\/p>\n\n\n\n

“What I wonder, is ‘why us? Why the gun industry?'” East mused. “Because it’s clearly not about gun control, it’s people control. They haven’t been able to stop bad people from doing bad things with laws, so they’re now trying to use them to control people through the industry. And the easiest way to control people, is to control their right to defend themselves.”<\/p>\n\n\n\n

It has been the honor of my lifetime serving New Yorkers, and while my time in Congress is coming to an end, I will never stop fighting for the city I love.

The best is yet to come. https:\/\/t.co\/3w0xyJjcyW<\/a><\/p>\u2014 Carolyn B. Maloney (@RepMaloney) December 16, 2022<\/a><\/blockquote> \n\n\n\n

While H.R. 8740 and H.R. 8741 appear to have only the slimmest chance<\/a> at passing into law, with Republicans assuming control of the House this month, it’s important to note that the battle over gun control is never-ending. These bills, though apparently doomed, are simply the latest effort setting a “high tide” legislative mark in Congress.<\/p>\n\n\n\n

*** Buy and Sell on GunsAmerica!<\/a> ***<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

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When I'm not bending someone's ear about the encroachment on our individual rights, I can usually be found at the range, or in my shop pretending to be a hobbyist blacksmith.","url":"https:\/\/gunsamerica.com\/digest\/author\/aveatquevale\/"}]}},"featured_image_src":"https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2023\/01\/Maloney-150x89.jpg","_links":{"self":[{"href":"https:\/\/gunsamerica.com\/digest\/wp-json\/wp\/v2\/posts\/172744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gunsamerica.com\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gunsamerica.com\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gunsamerica.com\/digest\/wp-json\/wp\/v2\/users\/149"}],"replies":[{"embeddable":true,"href":"https:\/\/gunsamerica.com\/digest\/wp-json\/wp\/v2\/comments?post=172744"}],"version-history":[{"count":9,"href":"https:\/\/gunsamerica.com\/digest\/wp-json\/wp\/v2\/posts\/172744\/revisions"}],"predecessor-version":[{"id":189614,"href":"https:\/\/gunsamerica.com\/digest\/wp-json\/wp\/v2\/posts\/172744\/revisions\/189614"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gunsamerica.com\/digest\/wp-json\/wp\/v2\/media\/173159"}],"wp:attachment":[{"href":"https:\/\/gunsamerica.com\/digest\/wp-json\/wp\/v2\/media?parent=172744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gunsamerica.com\/digest\/wp-json\/wp\/v2\/categories?post=172744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gunsamerica.com\/digest\/wp-json\/wp\/v2\/tags?post=172744"},{"taxonomy":"featured","embeddable":true,"href":"https:\/\/gunsamerica.com\/digest\/wp-json\/wp\/v2\/featured?post=172744"},{"taxonomy":"hunt365","embeddable":true,"href":"https:\/\/gunsamerica.com\/digest\/wp-json\/wp\/v2\/hunt365?post=172744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}